Sports bets and prediction-market contracts can look alike, but their rules,...

https://www.thecoinrepublic.com/2026/09/24/sports-bettings-three-way-legal-battle-crypto-quietly-maneuvers-between-the-lines/

Sports bets and prediction-market contracts can look alike, but their rules, payouts, and risks differ. This explainer unpacks crypto’s behind-the-scenes role, including Connecticut’s cease-and-desist orders against nine companies, without the hype.